• IrateAnteater@sh.itjust.works
    link
    fedilink
    arrow-up
    29
    arrow-down
    1
    ·
    8 months ago

    So those employees got an average bonus of $13,000. Not nothing, but hardly c-suite insane levels of compensation.

    Also, what do the relevant employee contracts look like? A lot of the time bonuses are built into the contract and tied to very specific metrics. If that is the case, the CBC would have to pay out that bonus, regardless of the overall state of the company.

    • sadreality@kbin.social
      link
      fedilink
      arrow-up
      3
      arrow-down
      18
      ·
      8 months ago

      Using tax payer money on ezec bonus while doing lay offs is bad optic no matter what contract says.

      With that being said… Shouldn’t these contract be public record and should not we know how this clown situation came to be?

      • IrateAnteater@sh.itjust.works
        link
        fedilink
        arrow-up
        18
        ·
        8 months ago

        The law doesn’t give a shit about optics. If it’s in the contract, they owe the money. This type of pay structure (base pay + defined bonus) is the norm across many industries, not just media.

        Also, these aren’t exec bonuses. CBC does not have 1100 executives.